The ability to seamlessly move money has always been at the core of our economy. It enables the exchange of value, makes it possible to build new businesses, and fuels long-term growth. It’s been with us, in one form or another, since the very beginning of civilization. In 9000 BC, people traded grain, cattle, and jewels. A generation ago, people relied on cash, cheques and paper invoices. Today, we have credit cards and mobile wallets such as Apple Pay.

The technology underpinning money movement has changed, but the fundamental needs of business owners have remained consistent. There are four key things that all business owners want to know: How much money do I have? Who do I owe? Who owes me? Am I making a profit?

At Xero, we’re always working to help our customers answer these four questions quickly and easily, so they can make informed decisions about what is right for the business. One of the most important ways we do that is by continuing to strengthen our open platform and partnering with leading companies enabling our customers to access all of their data in one place.

Xero + Stripe: Helping Businesses Get Paid Faster

One of our most important global partners is Stripe, an innovative technology company that provides online payments processing for internet businesses. Stripe’s mission is to grow the GDP of the internet and to help technology companies of every size build better and bigger businesses. The Stripe integration with Xero makes it easy for businesses to get paid faster because their customers can pay your invoices using their preferred credit or debit card. Find out how to add Stripe to your invoices here.

Last week, Xero’s Mary Buckley, Head of Financial Partnerships for the Americas, joined Jeanne DeWitt, Head of Sales at Stripe, to talk about the future of global payments on a panel at Stripe Sessions in San Francisco.

As Mary explained, “Xero’s primary focus has been to help small businesses understand how much money they have, what do they owe, what do others owe them and are they making a profit. Integrating with Stripe to help users manage payments, was a natural extension of our invoicing features to streamline the experience for business owners and their advisors.”

The Xero integration with Stripe provides small businesses with a way to send out invoices to their customers digitally, and offer the ability to pay via credit or debit card, or ACH credit. In doing so, a payer has more choice in how they make the payment and on average, merchants receive payments 10 days faster globally when a business uses Stripe. Xero automates reconciling any Stripe fees, saving time and money.

Stripe and Xero are committed to working together over the long-term to continuously improve the experience of their shared customers. As Stripe continues to invest in new product capabilities, Xero continues to explore new opportunities to deepen and expand the integration for the benefit of small businesses and their advisors.

Digital Payments Are Becoming a Baseline Customer Expectation

Digital payments are rapidly becoming the expected norm for all businesses. A recent Federal Reserve Study showed that while the use of commercial checks is declining by 3 percent annually, the use of card payments is growing by more than 7 percent each year. Even more importantly, the use of remote payments, such as those done over the internet, is increasing by nearly 16 percent, outpacing in-person payment growth of 8 percent. Another report shows that mobile payments have surged from 20 million users in 2015 to 144 million in 2017.

Xero is committed to working with partners like Stripe to make it easy for small businesses and their accountants to take advantage of leading edge payments technology. As Xero’s Mary Buckley puts it: “Our first job is to make it easy for businesses to adopt new payments technology. Doing so means that small businesses can get paid more quickly, and can unlock all insights that can come from payments data so that small businesses and their accountants can understand what’s happening inside their business and plan for long-term growth.”

By developing deeper customer and merchant experiences independently and in partnership, Xero is able to deliver an improved way of running a business, helping business owners to find deeper insights and more time to focus on the growth of their business.

The ability to seamlessly move money has always been at the core of our economy. It enables the exchange of value, makes it possible to build new businesses, and fuels long-term growth. It’s been with us, in one form or another, since the very beginning of civilization. In 9000 BC, people traded grain, cattle, and jewels. A generation ago, people relied on cash, cheques and paper invoices. Today, we have credit cards and mobile wallets such as Apple Pay.

The technology underpinning money movement has changed, but the fundamental needs of business owners have remained consistent. There are four key things that all business owners want to know: How much money do I have? Who do I owe? Who owes me? Am I making a profit?

At Xero, we’re always working to help our customers answer these four questions quickly and easily, so they can make informed decisions about what is right for the business. One of the most important ways we do that is by continuing to strengthen our open platform and partnering with leading companies enabling our customers to access all of their data in one place.

Xero + Stripe: Helping Businesses Get Paid Faster

One of our most important global partners is Stripe, an innovative technology company that provides online payments processing for internet businesses. Stripe’s mission is to grow the GDP of the internet and to help technology companies of every size build better and bigger businesses. The Stripe integration with Xero makes it easy for businesses to get paid faster because their customers can pay your invoices using their preferred credit or debit card. Find out how to add Stripe to your invoices here.

Last week, Xero’s Mary Buckley, Head of Financial Partnerships for the Americas, joined Jeanne DeWitt, Head of Sales at Stripe, to talk about the future of global payments on a panel at Stripe Sessions in San Francisco.

As Mary explained, “Xero’s primary focus has been to help small businesses understand how much money they have, what do they owe, what do others owe them and are they making a profit. Integrating with Stripe to help users manage payments, was a natural extension of our invoicing features to streamline the experience for business owners and their advisors.”

The Xero integration with Stripe provides small businesses with a way to send out invoices to their customers digitally, and offer the ability to pay via credit or debit card, or ACH credit. In doing so, a payer has more choice in how they make the payment and on average, merchants receive payments 10 days faster globally when a business uses Stripe. Xero automates reconciling any Stripe fees, saving time and money.

Stripe and Xero are committed to working together over the long-term to continuously improve the experience of their shared customers. As Stripe continues to invest in new product capabilities, Xero continues to explore new opportunities to deepen and expand the integration for the benefit of small businesses and their advisors.

Digital Payments Are Becoming a Baseline Customer Expectation

Digital payments are rapidly becoming the expected norm for all businesses. A recent Federal Reserve Study showed that while the use of commercial checks is declining by 3 percent annually, the use of card payments is growing by more than 7 percent each year. Even more importantly, the use of remote payments, such as those done over the internet, is increasing by nearly 16 percent, outpacing in-person payment growth of 8 percent. Another report shows that mobile payments have surged from 20 million users in 2015 to 144 million in 2017.

Xero is committed to working with partners like Stripe to make it easy for small businesses and their accountants to take advantage of leading edge payments technology. As Xero’s Mary Buckley puts it: “Our first job is to make it easy for businesses to adopt new payments technology. Doing so means that small businesses can get paid more quickly, and can unlock all insights that can come from payments data so that small businesses and their accountants can understand what’s happening inside their business and plan for long-term growth.”

By developing deeper customer and merchant experiences independently and in partnership, Xero is able to deliver an improved way of running a business, helping business owners to find deeper insights and more time to focus on the growth of their business.

We are so excited to announce that from today, retailers in NZ and Australia using Vend are able to offer Afterpay in-store.

Afterpay’s buy now, pay later solution is used by over 14,000 merchants in Australia and New Zealand, across large-scale bricks-and-mortar stores and online retailers of all sizes. And its in high demand – processing payments for over 1.8 million customers to date.

But until today, there was no solution available for smaller retailers to offer Afterpay within their physical stores.

Wellington retailer Empire Skate and Street was one of the initial customers to pilot the new integration with Vend. Matt Wells, director at Empire Skate and Street says:

“We are really excited Afterpay is now available, online and in-store. We know it’ll help us offer our customers an even better experience. That’s why we signed up to trial the new integration with Vend and we were happy to be one of the first retailers in New Zealand to do so. We can’t wait for our customers to come in-store and be able to use this new payment option.”

Afterpay allows customers to buy in-store instantly, putting down a quarter of the cost and paying over four equal fortnightly instalments – helping customers manage their monthly budgets. It offers the benefits of a layby service with an immediate take-home option.

To make a sale with Vend’s POS, retailers simply need to scan the customer’s unique Afterpay barcode via a mobile device and the payment feeds straight into Vend, keeping the check-out process quick and seamless for both retailer and shopper. It’s that easy!

With over 600 exhibitors, 18,000 retailers and 35,000 attendees from 95 countries, NRF truly is Retail’s BIG Show. We’re there there debuting something pretty special – The Amazing Retail Machine — and we’re giving away an iPhone X to celebrate. Check out the video above of the real machine in action at our booth at NRF!

Come to booth 2745 to see how the best of retail comes together with a quirky chain-reaction machine designed by Kinetic Artist Joseph Herscher, in the original Rube Goldberg style. The Amazing Retail Machine will show how Vend, Vantiv and Star Micronics power the modern retail transaction.

So how can you go into the draw to win an iPhone X? Drop by booth 2745 to see the amazing retail machine in action then post about your visit on Twitter and tag it with #nrf2018 & #amazingretail for your chance to win. Or, Tweet the video here and tag it with the same hashtags. *T&Cs apply.

We’ll be at Booth 2745 during expo hours – but if you’d like to set up some specific time to chat just email events@vendhq.com. We’re all really looking forward to meeting you.

Vaughan Rowsell – Vend Founder and Chief Product Officer

Butch Langlois – Vend Country Manager, North America

Pierre Emmanuel Perruchot de La Bussière – General Manager, Channel

Kelly Jewison – Business Development Manager, Strategic Partnerships

Sean Buckley – Business Development Manager

Nicola Fahy – Marketing Manager, North America

*Competition terms and conditions – The winner of the iPhone X competition will be decided by random draw on 18th January 2018. The winner will be notified via direct message on their social media account. To be eligible for the prize, entrants must post about their experience seeing the Amazing Retail Machine at Booth 2745 at NRF 2018, OR Retweet Vend’s own Tweet showing the Amazing Retail Machine in action, or Tweet the Amazing Retail Machine video, on Twitter, and tag their post with #nrf2018 and #amazingretail. Only entrants attending NRF 2018 are eligible to win.

We spoke to James Frost, UK Chief Marketing Officer at Worldpay about how a new integration between Worldpay and Xero in the UK is helping small businesses stay on top of cash flow.

“Small business owners in the UK are owed a staggering £14 billion, and for many, chasing down payments and following up on invoices can be a real strain on time and resources. Worldpay supports over 250,000 small businesses in the UK and now these business owners will have payments functionality available within Xero.

As part of this collaboration, Xero users will have the option to create and send electronic invoices, including a ‘Pay Now’ option. This enables customers to pay immediately and set up payment reminders by entering their details through Worldpay’s secure payments gateway. This means they will get paid faster, there is less manual data entry and customers can enjoy a smooth and painless experience.

Our partnership with Xero provides business owners a simple, efficient and professional way to make life easy for their customers, and removes the hassle of getting paid.”

This is only the start of a fruitful relationship between Xero and Worldpay.

Head to the marketplace here to learn more about the Worldpay integration and how to sign up.

Today is an exciting day! We’re launching our new partnership with the Commonwealth Bank of Australia, which means that from today its purpose-built payments tablet Albert will feature Vend’s Register app. This gives Australian retailers a world-class mobile payments option linked directly to their point-of-sale.

At a time when customer experience and mobile is more important than ever, we’re so pleased to be able to provide more choice for retailers in how they can sell, connect with customers, and run their business.

Retailers will be able to connect Commonwealth Bank’s Albert with Vend on their iPad, Mac or PC to accept payments and make sales on-the-go, and automatically sync their payment data to eliminate manual errors.

Alex Fala, CEO of Vend: “We’re big supporters of technology that moves payments innovation forward. Retailers should have access to the best tools to run a modern, competitive business, no matter what their size. That’s why we’re so excited to be working with Commonwealth Bank and Albert. More businesses will now be able to use leading-edge POS and payments connected together, and do it from anywhere.”

“This partnership with Commonwealth Bank demonstrates the strength of our platform and the difference it’s making to retailers across Australia, and that’s something we’re very proud of.”

Scale easily by adding products, staff, customers, registers and stores in just a few clicks.

Claire Roberts, CommBank’s Executive General Manager of SME Business Banking: “Commonwealth Bank endeavours to provide the best experience for all customers and provide them with access to leading edge technology. Our partnership with Vend is another great example of the innovation we bring to clients to help them succeed. Vend provides all the benefits of mobile payments combined with a point of sale that significantly improves the customer experience and how a retailer manages their business.”

At Xero, we’re constantly searching for beautiful new ways to help our small business customers reduce administrative burdens so they can spend more time focusing on the important things, like growing their business.

Today we’re launching Xero Connect, a new initiative in Australia that allows large suppliers to send invoices directly into Xero via a secure integration with the supplier’s billing system. We’re excited to announce that Reece and Caltex are the first two corporations to join Xero Connect, and have built integrations that are now available to our small business users.

Any Xero user that is a Reece business customer or Caltex StarCard holder, will now be able to have their invoices sent directly into Xero, reducing paperwork, improving data accuracy, and lessening the need for manual data entry, which can lead to costly human errors. Xero advisors will also welcome the benefits of Xero Connect, with more security surrounding clients’ business expenses in addition to higher quality data and a clearer view of a small business’s financial position.

How Xero Connect works

First, a Xero user will need to visit a supplier’s online portal where they’ll be prompted to log in and authorise the supplier to send invoices directly into Xero. The customer can then select which supplier and account within Xero to code the invoices to, to ensure the expenses will be recorded correctly. For instructions on how to connect a Reece trade account or Caltex StarCard account to Xero, visit the Xero Connect website.

When the supplier issues an invoice, it will appear as a draft bill within Xero, where the customer can review it before approving. Once approved and paid, the bill will automatically be matched in Xero to a corresponding payment.

The financial web grows

Xero Connect represents the next piece in Xero’s financial web, fostering closer connections between small businesses and banks, advisors, government and now enterprise suppliers. Seamless integrations with leading technology and service providers are unlocking the growth potential of small business by providing more timely, accurate financial data to drive informed decision making.Xero is committed to helping small businesses thrive and we’re excited to be working with corporate partners from a variety of sectors to help solve the key pain points for small business, including cash flow management and financial transparency.

Are you a large business wanting to improve the billing experience for your small business customers? Get in touch and we’ll work together to help you do just that with Xero Connect.

It’s great news for UK retailers! From today, they will be able to benefit from Vend and Square’s market-leading POS and payments integration.

This collaboration, already used by stores across the US and Australia, allows retail businesses to benefit from Vend’s retail management features, while offering their customers a seamless payment experience with Square. It’s an ideal solution for UK retailers who have multiple stores or need to manage more complex operations and scale, but still want to provide a check-out experience shoppers will love.

“Two things are really key for UK retailers growing and succeeding in today’s retail environment – managing their business more easily and efficiently, while providing a beautiful customer experience. Our integration with Square allows them to do just that, which is why we’re so excited to be making it available for UK stores after a successful roll-out in the US and Australia,” says Marc Cooper, Country Manager, EMEA at Vend.

Square was founded in California in 2009 and launched into the UK in March 2017, to make it easy for businesses to take credit and debit card payments.

“Larger sellers using Square often have specialist requirements, but still want to integrate with Square’s easy-to-use payments technology and beautifully designed hardware. Vend is a great example of a point of sale solution that serves inventory-based retail really well. With this integration, their customers can now use Square to start accepting chip & PIN and contactless payments, and receive their money as soon as the next working day.”

– Sarah Harvey, Head of UK at Square

This partnership, along with Square’s integration with hospitality POS system TouchBistro also launched today, brings the total number of Square’s UK partners to 16. It also adds Square to Vend’s extensive group of world-leading business app partners, alongside companies such as Xero, Shopify, and Apple.

From today Australian retailers will have more choice in the way they run their business and sell to customers. Vend and Square’s market-leading POS and payments integration, first launched in the US late last year, is now available in Australia. This collaboration brings together two of the best systems for retail today, and provides more options for advanced retailers, those with multiple locations, and complex operations.

Square is one of the world’s leading payments providers, with millions of customers worldwide. Its payment system is popular with Australian small businesses because of the unique payments hardware it provides with options for contactless payments, chip card payments as well as Apple Pay and Android Pay, combined with fast deposits, and powerful analytics and reporting tools.

Matched with Vend’s point-of-sale, which provides sophisticated inventory and retail management for retailers all across Australia, advanced retailers can now run their business more easily and accurately with Vend, while giving shoppers a payment and check-out experience they love.

“Australian retailers are under increasing threat, especially with online competitors like Amazon launching into the market and putting more pressure on local stores. In order to compete they need access to the world’s best tools. Vend helps retailers provide a better customer experience, with an advanced POS and powerful tools to manage inventory, customers, and their business. We launched our partnership with Square in the US last year, and are excited to bring it to Australia,” says Vend CEO Alex Fala.

“Vend is a great product for advanced retail and is a perfect fit with Square. Bringing our joint solution to Australia gives even more retailers access to integrated payments via Square Reader, in a seamless integration that is designed to help their businesses run and grow,”

We’re pleased to announce that Vend will soon integrate with one of the world’s leading payments providers, Square.

Square is a popular payments provider for small business as it allows stores to take magstripe, chip cards and NFC payments such as Apple Pay, deposit money instantly, and use analytics to view sales trends and enhance their business performance.

The integration will enable US-based advanced retailers or those with multiple locations or more complex operations, who use Vend’s sophisticated inventory and retail management, to process payments with Square. With this integration retailers will be able to run their business more easily and accurately, while giving shoppers a check-out experience they love.

“Square is a perfect partner for us, with our shared focus on creating a beautiful in-store customer experience. It’s just a great match, and we’re excited to be working together to allow advanced and multi-location retailers to use Square,” said Alex Fala, CEO of Vend.

“We love Vend and we love Square,” says John Waltman, Co-Founder at US-based boutique Katie Waltman. “Vend makes it simple to print barcodes and manage complicated inventory at multiple locations. We’ve used Square for processing in addition to Vend’s point of sale, because it’s easy to learn and train, and it’s reliable. Together, they offer what we’re looking for in a POS/payment processing system and we’re looking forward to the integration.”

This integration also highlights the growing importance of choice and flexibility for retail businesses in the technology they use. Having access to purposefully-selected, world-leading business apps which link together means retailers can choose the best tools for their business and their growth.

“Square is teaming up with best-in-class partners to provide the best experience for sellers. Vend is a great product and this partnership will give more sellers access to payments and financial services to reinvest in their business,” said Francoise Brougher, Business Lead at Square.

The integration will be available to US-based customers in the coming weeks. If you’re a Vend customer and want more information, or to go on the waiting list for updates and exclusive offers related to the integration, visit: www.vendhq.com/square.

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